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Technology Stocks : General Lithography
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To: Mason Barge who wrote (729)12/30/1997 5:19:00 PM
From: Michael Gaudet   of 1305
 
Japan's Chipmakers Seen Cutting Capital Spending
Date: 12/30/97

The Japanese business daily Nihon Keizai Shimbun said the makers are considering shrinking capital spending partly due to the sluggish semiconductor market. They're also using more efficient facilities and expanding cooperation with foreign makers. Their spending benefits other sectors of the Japanese economy, and the planned cuts may adversely affect Japanese industry, the paper said without elaborating.
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